Ethan Zhao
Senior Reporter
The Latest
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Evergrande Saga Deepens: Chairman Hui Ka Yan Investigated Over Offshore Transfers
In a recent development that has sent shockwaves through the financial world, Hui Ka Yan, the chairman of China's debt-laden property giant Evergrande Group, is under investigation by Chinese authorities. The probe is centered around suspicions that Hui attempted to transfer assets offshore while the company was mired in a quagmire of unfinished projects. 
In a recent development that has sent shockwaves through the financial world, Hui Ka Yan, the chairman of China's debt-laden property giant Evergrande Group, is under investigation by Chinese authorities. The probe is centered around suspicions that Hui attempted to transfer assets offshore while the company was mired in a quagmire of unfinished projects. -
Hui Ka Yan's 'Spouse' Holds Canadian Passport, Son Deeply Involved in Evergrande Affairs
On September 28, Hui Ka Yan, chairman of China Evergrande's board of directors, was taken into custody for alleged illegal activities. Due to prior speculations of a "technical divorce", there are concerns in the market about whether his "spouse" Ding Yumei has distanced herself from Hui's assets. On September 28, Hui Ka Yan, chairman of China Evergrande's board of directors, was taken into custody for alleged illegal activities. Due to prior speculations of a "technical divorce", there are concerns in the market about whether his "spouse" Ding Yumei has distanced herself from Hui's assets. -
Chinese Billionaire Hui Ka Yan and His Son, Along with Several Evergrande Executives, Under Investigation - Insider
Rumors of Hui Ka Yan's detainment had been circulating within Evergrande for some time. "We're not sure if he's being investigated or just assisting with one," said an insider. 
Rumors of Hui Ka Yan's detainment had been circulating within Evergrande for some time. "We're not sure if he's being investigated or just assisting with one," said an insider. -
End of an Era: China's Real Estate Tycoon Hui Ka Yan Faces His Downfall
Following Evergrande's deepening debt crisis, the fate of Hui Ka Yan, often referred to as the "Chinese real estate magnate," has taken a dramatic turn. 
Following Evergrande's deepening debt crisis, the fate of Hui Ka Yan, often referred to as the "Chinese real estate magnate," has taken a dramatic turn. -
China Evergrande Crisis Deepens: Creditors Mull Legal Action Amid Missed Payments
China Evergrande Group, the beleaguered property giant, is facing intensified scrutiny and potential legal challenges as its financial woes deepen. A significant faction of offshore creditors is contemplating joining a winding-up court petition against the developer if it fails to present a new debt restructuring plan by next month, according to sources familiar with the matter. This move comes as concerns grow over the company's ability to meet its financial obligations and the broader implications for China's real estate sector and global markets. 
China Evergrande Group, the beleaguered property giant, is facing intensified scrutiny and potential legal challenges as its financial woes deepen. A significant faction of offshore creditors is contemplating joining a winding-up court petition against the developer if it fails to present a new debt restructuring plan by next month, according to sources familiar with the matter. This move comes as concerns grow over the company's ability to meet its financial obligations and the broader implications for China's real estate sector and global markets. -
ChatGPT Levels Up: Now Speaks and Recognizes Images, Edging Closer to the 'Super Assistant' Dream
OpenAI's ChatGPT is evolving - it's now equipped to speak and "see." 
OpenAI's ChatGPT is evolving - it's now equipped to speak and "see." -
NVIDIA's $50 Billion GPU Ambition: Can the AI Industry Reap $200 Billion in Returns?
From a profit perspective, the generative AI trend that has been hot since the beginning of the year has one clear winner: NVIDIA. 
From a profit perspective, the generative AI trend that has been hot since the beginning of the year has one clear winner: NVIDIA. -
Apple's 5G Ambitions Stymied: Why Qualcomm Still Holds the Cards
Apple has long sought to develop its own 5G baseband chips to reduce its reliance on Qualcomm. However, the launch of the iPhone 15 series has underscored that Apple still grapples with Qualcomm's dominant position in the 5G chip market. 
Apple has long sought to develop its own 5G baseband chips to reduce its reliance on Qualcomm. However, the launch of the iPhone 15 series has underscored that Apple still grapples with Qualcomm's dominant position in the 5G chip market. -
Diplomatic Fallout: Why India and Canada's Relations Have Soured
Canada and India, both members of the Commonwealth and targets of U.S. diplomacy, have experienced their most severe diplomatic dispute in recent years. The two nations have expelled senior diplomats, halted trade negotiations, and canceled a trade delegation visit scheduled for October. 
Canada and India, both members of the Commonwealth and targets of U.S. diplomacy, have experienced their most severe diplomatic dispute in recent years. The two nations have expelled senior diplomats, halted trade negotiations, and canceled a trade delegation visit scheduled for October. -
Sunac's US Bankruptcy Filing: A Glimpse into China's Real Estate Woes
In a move that underscores the deepening crisis in China's property sector, Sunac, one of the nation's leading property developers, has filed for bankruptcy protection in the United States. This comes on the heels of the company securing approval from its creditors to restructure nearly $10 billion worth of debt. 
In a move that underscores the deepening crisis in China's property sector, Sunac, one of the nation's leading property developers, has filed for bankruptcy protection in the United States. This comes on the heels of the company securing approval from its creditors to restructure nearly $10 billion worth of debt.
